$NVIDIA(NVDA.US)$
NVIDIA Q1 FY25 earnings conference call is scheduled for May 22 at 5:00 PM ET/ May 23 at 5:00 AM SGT/May 23 at 7:00 AM AEST. Subscribe to join the live earnings conference with management NOW!
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This presentation is for information and educational use only and is not a recommendation or endorse...

Are you ready to surf the tumultuous tides of the stock market when the Fed announces its monetary policy decisions? Our "Invest with Sarge" live stream on April 30th delved into the strategies and insights to help you navigate Fed days confidently. Here's a snapshot of the wisdom the veteran trader, Sarge, shared during this engaging session.
🔮 The Two-Day Meeting Mystique:
The Silence Before the Storm: Picture the market as a va...

CPCA: China's retail sales of passenger vehicles -5.7% y/y to 1.532 million units in April, -9.4% m/m. NEV retail sales 0.674 mln, +28.3% y/y, -5.7% m/m.
Tesla China EV shares -2.6 percentage points to 4% in April.
$TSLA China exported 30,746 vehicles(+15.3%m/m), and BYD 41,011(+6.7%m/m).
$NIO-SW(09866.HK)$ $XPENG-W(09868.HK)$ $Tesla(TSLA.US)$ $BYD COMPANY(01211.HK)$ $LI AUTO-W(02015.HK)$

$Taiwan Semiconductor(TSM.US)$
Just after talking about confirming the breakthrough two days ago, it immediately rose strongly, which really gave me face 👍
As long as next week's CPI doesn't tell ghost stories, there is a high probability that TSM will return to its previous high before NVDA's earnings report.
$NVIDIA(NVDA.US)$ Maintaining today's momentum can confirm a breakthrough 👍

Morning Movers
Gapping up
$Novavax(NVAX.US)$ The biotech firm's stock price skyrocketed by 114% after revealing a multi-billion dollar agreement with Sanofi to jointly market its Covid vaccine and collaborate on creating hybrid vaccines aimed at both Covid and influenza.
$Sweetgreen(SG.US)$ Shares of the salad chain surged by 5% after Sweetgreen announced a first-quarter revenue of $158 million, which exceeded the consensus estim...

$MI(5286.MY)$
Increased foreign exchange earnings helped Zhengqi Technology make a huge profit of 27 million
Foreign exchange earnings increased, and Zhengqi Technology (MI, 5286, Main Board Technology) recorded a net profit of RM26.794,000 in the first quarter of fiscal year 2024, a sharp increase of 3.19 times over the previous year.
Revenue for the quarter ending March 1 increased 39.4% year over year to RM17,125,000.
The company explained that net profit performance in the first quarter was due to higher revenue and increased foreign exchange earnings due to the strengthening of the US dollar. Net profit surged to 25%, compared to 8.3% in the same period last year.
According to the statement, the semiconductor equipment (SEBU) business contributed 57.2% of revenue in the first quarter, while the semiconductor materials business (SMBU) accounted for 42.8% of revenue.
Despite facing challenges in an uncertain macro context, Zhengqi Technology will gradually build a comprehensive and diversified business platform, and will continue to work on continuous product innovation and development and product differentiation to enhance its competitive advantage.
Unless anything unforeseen happens, the company remains cautious and conservative about the outlook for 2024. Given the many short-term risks and challenges, it is probably just wishful thinking that the semiconductor industry has been expecting a full recovery in the second half of 2024.
Source: Nanyang Siang Pao
Disclaimer: This content is for informational and educational purposes only, and does not constitute any specific investment, investment strategy, or recommendation endorsement. Readers should...

US SET TO IMPOSE TARIFFS ON CHINA EVS, KEY SECTORS AFTER REVIEW.-BBG
$LI AUTO-W(02015.HK)$ $BYD Company Limited(002594.SZ)$ $BYD COMPANY(01211.HK)$ $NIO Inc(NIO.US)$ $NIO Inc. USD OV(NIO.SG)$ $NIO-SW(09866.HK)$ $Tesla(TSLA.US)$ $XPENG-W(09868.HK)$ $XPeng(XPEV.US)$